HMRC has released its August edition of the very useful Employer Bulletin. This latest edition has some important information about Student Loans, Trivial Benefits, Disguised Remuneration and an update regarding the forthcoming Off-payroll working rules from April 2020.
The employer bulletin has quickly become the “must read” update for the payroll industry and this month includes:
- PAYE RTI penalties – continuation of the risk-based approach to charging penalties
- Class 1A liabilities payable on Termination Awards and Sporting Testimonial Payments
- Off-payroll working rules from April 2020
- Disguised Remuneration
- Basic PAYE Tools – New Release
- Toolkits – Revisions published
- Seasonal Workers
- Construction Industry Scheme (CIS)
- Contractors operating CIS – new VAT reverse charge on building and construction services
- ‘Trivial Benefits’ for your employees – get them right
- Welsh rates of Income Tax
- Student Loans
- Good Work Plan: Proposals to support families
- Did you know that sickness absence costs employers around £9 billion per year?
The full bulletin can be found here.
